What sort of job opportunities are open to MBA associates after 18 months-24 months on the job?
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I have seen MBA associates jump to PE - Bus Dev, Corp Dev, and higher up FP&A roles. - Sample 5 MBA associates
That’s encouraging. How much time did they have under them when they made that move? Significant pay cuts on the corp dev side I assume?
I never exclusively asked what the pay was, but everyone seemed happy. The one person going into PE Biz Dev made the comment that they were surprised in a good way by the pay. - all of them were making 2020-2021 BB Assoc Salaries. ( I think the one thing to add here - is that all the MBAs were happy because they were leaving banking and were willing to take pay cut if that is what it took).
All exited with 12-24 months of Associate Experience - Some had closed large deals and moved on, some had not.
Thanks for the response. Begs the question, what had kept you around in IB?
The Deals babbbbbbby, I'm a junkie, I love this shit!
Getting to chase clients, come up with interesting ideas for M&A in the industry. I worked my way into a really good spot under a MD and got a little more free rein to do what I want (assuming work get done).
*not a MBA Associate
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